Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Hong Kong sees a parking space price boom

Friday, May 11, 2018 - 01:08

As flat prices soar in Hong Kong, investors have begun parking money in car spaces. Prices for parking spots is booming, and the price rise is being fueled by a surge of cars on Hong Kong’s roads along with a red-hot housing market that pushes investors to place their money into assets with lower entrance fees. Ed Giles reports.

▲ Hide Transcript

View Transcript

As flat prices soar in Hong Kong, investors have begun parking money in car spaces. Prices for parking spots is booming, and the price rise is being fueled by a surge of cars on Hong Kong’s roads along with a red-hot housing market that pushes investors to place their money into assets with lower entrance fees. Ed Giles reports.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Hong Kong sees a parking space price boom

Friday, May 11, 2018 - 01:08